Below 600 in afterhours trading. A rare earnings miss was the reason. The lower than expected numbers came just days after all the hoopla over apples launch of the new ipad mini. Apple earned 8. 67 a share, eight cents below estimates. Revenues came in higher than expected, almost 36 billion. On top of that earnings disappointment, the company gave a less rosy forecast for the future. Suzanne pratt takes a closer look. Reporter wall street called this a throwaway quarter for apple. After all, the iphone 5 was only available for one week during the period, and the newly launched ipad mini has yet to hit stores. Still, apple sold nearly 27 million iphones during june throughseptember quarter, well more than expected. Experts say apples biggest problem was that it couldnt make enough iphones. Iphone 5 is going to continue to be an absolutely huge product. One thing iphone 5 has that the tablets dont is subsidies. Because iphone is sold be carriers, you can get that upfront price down to 1
Came just days after all the hoopla over apples launch of the new ipad mini. Apple earned 8. 67 a share, eight cents below estimates. Revenues came in higher than expected, almost 36 billion. On top of that earnings disappointment, the company gave a less rosy forecast for the future. Suzanne pratt takes a closer look. Reporter wall street called this a throwaway quarter for apple. After all, the iphone 5 was only available for one week during the period, and the newly launched ipad mini has yet to hit stores. Still, apple sold nearly 27 million iphones during june throughseptember quarter, well more than expected. Experts say apples biggest problem was that it couldnt make enough iphones. Iphone 5 is going to continue to be an absolutely huge product. One thing iphone 5 has that the tablets dont is subsidies. Because iphone is sold be carriers, you can get that upfront price down to 199. Reporter as for ipad sales, they were a bit sluggish in the quarter. Thats because there was a bit
Bases all over the world make the u. S. Aid for . Find out as we continue our broadcast of standing army, only on link tv. Summary. Some do not worry at all. And they are free to do that, too. But only because others step forward and serve our country. By militarism, we do not mean National Defence or the obligation of citizenship for ablebodied people to defend the country in times of national emergency. We need a way of life. And ideological position. Hubert joly our conception was like the early roman legions of the republic. They were ready for an emergency. Farmers left their fields, went to war, work instantaneously demobilized. They thoughtlessly call themselves and empire. The needed a standing army. Something like this happened in america in world war ii as we began to build an arms industry. Suddenly altered the political structure of the United States. The u. S. Constitution made a strong point that the military had to be under the control of civilian leadership, that they w
And airports. Ashley the cost of Employer Health care premiums rising 4 according to the Kaiser Family foundation. A family plan now costs more than 16,000 for the very first time. Liz rioters reported that amazon and of magazine publisher have formed a new partnership. The Internet Retailer will handle printing individual subscriptions. Ashley google is moving fast to integrate its acquisition into its mapping service. A Top Executive today saying the realtime traffic will appear in more than a dozen countries. After the bell starts right now. Liz did you hear the air coming out of the market in the last two minutes . Lets get right to todays action. Founder and president of environment Wealth Management seeing the markets trending higher but remaining cautious. Three ways to make you money. We are joined. What happened here . I am the only one talking. The dead of summer. Lets face it. We are in a vise of lack of liquidity, attendance, momentum. We are blaming it on these tapering co
Lost 4 points. While the s p gained 5. Gold flatlined oil added on some small change. The sec meets today with exchange executives to find out what was behind nasdaqs trading glitch. Trading suddenly stopped for 3 hours last month and regulators want to know why. Ibm is selling its Customer Care business to synnex corp for 505 million. And, pandora names Brian Mcandrews as its next ceo and chairman. The stock has been mostly on the rise the past few days. Todd horwitz of average joe options joins us on the show this morning. Todd, you have been a tape fighter. We have the dow well above 15,000. The s p showing a breakout here. How do you like this market now . Hah, good morning angie. Well, you know, if you really look at the tape overall where weve been in the last 10 weeks is in consolidation. Were in wide sweeping consolidation, but still in consolidation just the same. We havent taken out a new high yet. Were just up at these next level of ranges 15 3 in the dow, 1685 in the s p, a